Have you ever believed of starting a small business from home on social media? Maybe you would like to sell handmade artifact or your web design or any IT services. Or maybe you are already retailing your products or services on your social media; and will thinking whether it is legal to trade online in the UAE? Dubai has put its emphasis on becoming the top E commerce center. And has brought new systems as well as minds to raise economic activity. One such system has been the E trader license in Dubai. It is inaugurated in 2017 so that to helps emigrant to work from home on social media. Read on to learn more about this home e trading license Dubai.
In this very article you will learn about the cost of the E trader license in Dubai. How to apply for it, and what you can do with it.
DED has newly launch e trading license in Dubai which emphases on online business activity. So that the residence of Dubai can do business on social media site. This license will permit you to practice of offering products along with services for sale on social media.
Only those can apply for E trader license in Dubai who has a residence visa or UAE or GCC nationals; who live in Dubai with Emirates ID only; and the owner should be an Emirate or GCC citizen aged 18 or above and living in Dubai. The DED E trader license will not empower you to rent an Office or issue visas; and in case of a legal dispute the license alone will be held accountable.
E Trader License in Dubai
DED is the main authority to run E trading license in Dubai. And its aim is to enable you to do business on social media. The E trader license in Dubai will make it easier for you and to sell your product on social media. It will also boost customer confidence when they are shopping online. The announcement of the DED e-trader license followed; in the wake of the struggles to crack down on forge or fake products being sold on social media platforms like Instagram. The DED E trader license objective is to regulate the sale of products and services conducted through social media in Dubai.
If you are a single person and wish to sells your product as well as services; through your social media accounts or a personal website; then you do need an E trader license in Dubai. For example, this DED E trader license will enable you to stay at home; and create hand made products or any services and selling it on Facebook in Dubai.
If you just need to work from home and do not want to hire any office; then e trading license in Dubai is an ideal solution for it; as it does not need you to submit any Ejari documents. It is very much ideal for a single owner home base businesses which do not need a local partner and freelancers. Anyone who has a residence visa in UAE can get the E trader license in Dubai; with the condition that the individual is based in Dubai and is above the age of 21 years.
E-trader license Dubai fees
The fee of E trader license in Dubai is AED 1,070. And you need to pay extra 300, if you are going to take a commercial activity. You also need to renew your license every year. Once you apply for the license and receive the payment voucher; then you have 24 hours to pay the fee. But note that authority will cancel your license; if you unable to renew it in a month from the expiry date. It takes 3 to 5 working days to get E-trader license.
With such kind of license you can promote and sell products as well as services; through your social media accounts including Instagram, Face book etc.; or on a personal website. You can also sell your products on online market places such as Souq.com. With DED E-trade license you can legally reach out to clients at exhibitions as well as conferences. You can also defend your trade name or any other intellectual property. The DED also holds exercise and work shop for E trading license Dubai which you can attend!
An E trader license in Dubai is only for a one owner home base business or freelancer. With such license you are not permitted to start a physical shop or any visas.
With the E-trader license in Dubai, you can sell your products as well as services within the Dubai. But if you want to sell in other emirates, you must need to take approval from the respective Department of Economic Development DED. You may have to get another E-trader license UAE to sell in that very emirate.
Condition for DED E-trader license
It is important to note that there are some conditions; which is on what you can sell on social media with an E-trading license in Dubai. With this type of license you can carry out commercial activity; (which is sell physical products as well as goods); and professional activity (that is sell professional services) on their social media accounts. For all other emigrants, the conditions for what individuals can sell as well as promote on social media depends on nationality. On a general note, non-GCC expats can sell professional services through their social media, but not any physical products. This could include maintenance license in UAE, repair, event management as well as photography services. You can find out more about which nationalities are entitled for such kind of license; and also what you can sell through social media when you register for the license.
How to get E-Trader License Dubai?
Registering for the E-trader license in Dubai is quick as well as easy process which can be done online. The process to acquire the E-trading license Dubai is easy and quick. You can also apply for the E trading license Dubai on the authority website. For this you have to create a DED trader account; so that to register with DED and then make the payments. You will also require offering information about your social media accounts when registering for the license. Normally, you will get the confirmation for the license within five to ten minutes. Which you can then print out as well!